Jin10 Data Summary of PBOC, OPEC+ and Middle East Headlines

Shenchao TechFlow reports that, on November 2, according to Jin10 Data, the PBOC, the National Financial Regulatory Administration and the CSRC will hold a meeting today to study and promote the use of capital market support tools. A major state-owned bank is reportedly planning to add new special loan quotas of 100 billion yuan each for China Reform Holdings and China Chengxin for stock buybacks and share accumulation.

Internationally, in a statement, OPEC+ decided to keep December crude oil production quotas unchanged. North America has begun standard time, with U.S. stock market opening time adjusted to 22:30 Beijing time and closing time adjusted to 05:00 the following morning.

On the Middle East situation, Iran's foreign minister disclosed a "two-day plan", saying that Iran-U.S. talks can resume only if the U.S. fulfills its commitments. Iranian negotiators met with Qatari mediators in Doha for the third consecutive day, and diplomatic sources said the talks have made positive progress. Foreign media reported that Netanyahu urged Trump to strike Iran immediately after the midterm elections, while Trump hopes to allow negotiations to take their course. Iran's Foreign Ministry also designated the British Navy and Air Force as "terrorist organizations".

Source: Shenchao TechFlow